Regulators Seen Easing 'Stress' Gauge, Undercutting Effort to Restore Confidence
kinda defeats the whole point, doesn't it? well, it all depends on what you interpret the "point" to be... the cozy collusion of high finance and government, improperly understood as it is by the intellectual opinion makers, is liable to cause more public fury and quite impossible political turmoil
UPDATE:
Europe Buys Breathing Space
"Until the market knows who will bear the ultimate costs of clearing up Europe's debt mess, governments and banks will pay the price in higher borrowing costs. But to get an answer, the market may need to apply yet more pressure."
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